News Corp expected to sell MySpace ad deal for less money

News Corp is in talks with Google Inc, Microsoft Corp and Yahoo Inc about advertising on MySpace, as an existing contract with Google ends, the Wall Street Journal reported on Monday.

Under the 2006 deal, Google had guaranteed $900 million to News Corp for the right to sell advertisements related to user searches on MySpace and some other small News Corp websites.

MySpace in recent times has not met traffic and other requirements in the Google deal, as a result the people close to the company expect a new agreement would be for much less money. --------

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